{"id":42695,"date":"2016-03-11T16:25:39","date_gmt":"2016-03-11T21:25:39","guid":{"rendered":"https:\/\/staging21.finca.org\/uncategorized-en-ca\/how-many-use-mobile-phones-to-access-financial-services"},"modified":"2024-11-04T02:08:01","modified_gmt":"2024-11-04T07:08:01","slug":"how-many-use-mobile-phones-to-access-financial-services","status":"publish","type":"post","link":"https:\/\/finca.org\/en-ca\/how-many-use-mobile-phones-to-access-financial-services","title":{"rendered":"How Many Use Mobile Phones to Access Financial Services?"},"content":{"rendered":"<p>Think mobile phones are just for talking? For millions of unbanked and low-income people around the world, mobile phones provide access to <a href=\"https:\/\/finca.org\/blogs\/why-mobile-matters\" target=\"_blank\" rel=\"noopener\">reliable and secure financial services<\/a>.<!--more--><\/p>\n<p>Recently, GSMA, an association of mobile operators worldwide, released their <a href=\"http:\/\/www.gsma.com\/mobilefordevelopment\/programmes\/mobile-money\/industry-data-and-insights\/sotir\" target=\"_blank\" rel=\"noopener\"><em>2015 State of the Industry Report on Mobile Money<\/em><\/a> to track mobile money growth. The report found that the number of mobile money accounts increased by 31 percent in 2015. Today there are 411 million mobile money accounts globally. Moreover, mobile money is accessible in 85 percent of countries where a bank branch is not available for the vast majority of the population. Sub-Saharan Africa accounts for the majority of live mobile money services (52 percent). However, more than half of new services launched in 2015 were primarily in Latin America and the Caribbean.<\/p>\n<p><a href=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-3.png\"><img decoding=\"async\" data-src=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-3.png\" class=\"wp-image-13322 alignleft lazyload img-fluid\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"mobile money 3\" width=\"254\" height=\"261\" \/><noscript><img decoding=\"async\" class=\" wp-image-13322 alignleft img-fluid\" src=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-3.png\" alt=\"mobile money 3\" width=\"254\" height=\"261\" srcset=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-3.png 380w, https:\/\/finca.org\/wp-content\/uploads\/mobile-money-3-292x300.png 292w\" sizes=\"(max-width: 254px) 100vw, 254px\" \/><\/noscript><\/a><a href=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-1.png\"><img decoding=\"async\" data-src=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-1.png\" class=\"alignnone wp-image-13321 lazyload img-fluid\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"mobile money 1\" width=\"239\" height=\"264\" \/><noscript><img decoding=\"async\" class=\"alignnone wp-image-13321 img-fluid\" src=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-1.png\" alt=\"mobile money 1\" width=\"239\" height=\"264\" srcset=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-1.png 387w, https:\/\/finca.org\/wp-content\/uploads\/mobile-money-1-271x300.png 271w\" sizes=\"(max-width: 239px) 100vw, 239px\" \/><\/noscript><\/a><\/p>\n<p>Source: <em>State of the Industry Report on Mobile Money<\/em>, February 2015.<\/p>\n<p>FINCA has been part of this global growth, by providing <a href=\"https:\/\/www.youtube.com\/watch?v=qVz39a-6yKU\" target=\"_blank\" rel=\"noopener\">mobile banking services to low-income people<\/a> who need access to funds to build businesses and change their lives. With our mobile banking services, remote and low-income populations can perform transactions without the long trip to the branch, saving more time to build their businesses. They can also access their accounts from anywhere, keeping their funds safe from theft or loss. As a result, our clients can better manage their money to support their families and prepare themselves to cope against any potential economic shock.<\/p>\n<p><a href=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-2.png\"><img decoding=\"async\" data-src=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-2.png\" class=\"alignnone size-full wp-image-13323 lazyload img-fluid\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"mobile money 2\" width=\"1440\" height=\"1014\" \/><noscript><img decoding=\"async\" class=\"alignnone size-full wp-image-13323 img-fluid\" src=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-2.png\" alt=\"mobile money 2\" width=\"1440\" height=\"1014\" srcset=\"https:\/\/finca.org\/wp-content\/uploads\/mobile-money-2.png 1440w, https:\/\/finca.org\/wp-content\/uploads\/mobile-money-2-300x211.png 300w, https:\/\/finca.org\/wp-content\/uploads\/mobile-money-2-1024x721.png 1024w, https:\/\/finca.org\/wp-content\/uploads\/mobile-money-2-768x541.png 768w\" sizes=\"(max-width: 1440px) 100vw, 1440px\" \/><\/noscript><\/a><\/p>\n<p>Source: <em>State of the Industry Report on Mobile Money<\/em>, February 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Think mobile phones are just for talking? For millions of unbanked people around the world, mobile phones provide access to secure financial services.<\/p>\n","protected":false},"author":392,"featured_media":39490,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[151],"tags":[95,28,100],"class_list":["post-42695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en-ca","tag-financial-inclusion-en-ca","tag-fintech","tag-research-en-ca"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Many Use Mobile Phones to Access Financial Services?<\/title>\n<meta name=\"description\" content=\"Think mobile phones are just for talking? For millions of unbanked people around the world, mobile phones provide access to secure financial services.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/finca.org\/en-ca\/wp-json\/wp\/v2\/posts\/42695\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Many Use Mobile Phones to Access Financial Services?\" \/>\n<meta property=\"og:description\" content=\"Think mobile phones are just for talking? 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